NCI Inc (NASDAQ:NCIT) has earned a consensus recommendation of “Hold” from the six brokerages that are currently covering the firm, MarketBeat.com reports. Four research analysts have rated the stock with a hold rating and two have issued a buy rating on the company. The average twelve-month price objective among analysts that have covered the stock in the last year is $18.33.

A number of research firms have recently issued reports on NCIT. ValuEngine upgraded NCI from a “hold” rating to a “buy” rating in a report on Friday, June 2nd. Cowen and Company set a $24.00 target price on shares of NCI and gave the stock a “buy” rating in a research report on Thursday, June 8th. Noble Financial reissued a “buy” rating on shares of NCI in a research report on Wednesday, June 14th. SunTrust Banks, Inc. reissued a “buy” rating on shares of NCI in a research report on Monday, June 26th. Finally, Zacks Investment Research cut shares of NCI from a “buy” rating to a “hold” rating in a report on Tuesday, August 15th.

Several hedge funds and other institutional investors have recently made changes to their positions in the company. FMR LLC boosted its position in shares of NCI by 21.2% during the second quarter. FMR LLC now owns 928,957 shares of the information technology services provider’s stock worth $19,601,000 after purchasing an additional 162,257 shares in the last quarter. Royce & Associates LP increased its stake in NCI by 33.0% in the 2nd quarter. Royce & Associates LP now owns 677,231 shares of the information technology services provider’s stock valued at $14,290,000 after buying an additional 168,089 shares during the last quarter. Renaissance Technologies LLC increased its stake in NCI by 5.2% in the 1st quarter. Renaissance Technologies LLC now owns 404,799 shares of the information technology services provider’s stock valued at $6,092,000 after buying an additional 20,074 shares during the last quarter. Dimensional Fund Advisors LP increased its stake in NCI by 3.0% in the 2nd quarter. Dimensional Fund Advisors LP now owns 312,805 shares of the information technology services provider’s stock valued at $6,600,000 after buying an additional 9,066 shares during the last quarter. Finally, Geode Capital Management LLC increased its stake in NCI by 6.7% in the 1st quarter. Geode Capital Management LLC now owns 90,650 shares of the information technology services provider’s stock valued at $1,364,000 after buying an additional 5,688 shares during the last quarter. 38.58% of the stock is currently owned by institutional investors.

Shares of NCI (NASDAQ:NCIT) traded up inf% during midday trading on Friday, reaching $20.00. The company’s stock had a trading volume of 79,351 shares. NCI has a 52 week low of $10.98 and a 52 week high of $21.40. The firm’s 50 day moving average is $20.07 and its 200 day moving average is $16.90.

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About NCI

NCI, Inc is a provider of enterprise services and solutions to defense, intelligence, healthcare and civilian government agencies. The Company provides information technology (IT), and professional services and solutions by leveraging its core service offerings, which include cloud computing and IT infrastructure optimization; cybersecurity and information assurance; engineering and logistics support; enterprise information management and advanced analytics; health IT and medical support; IT service management; modeling, simulation, and training, and agile development and integration.

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